Comments
Carlson Rezidor Hotel Group is upbeat on the hospitality business and expects to nearly double the number of properties in India by 2015.
Business customers, casual travellers and growing number of tourists will help drive this growth.
"While the group manages 1,319 properties across various brands in 81 countries as of 2011, in India it handles 54 properties. We expect this number to go up to 100 by 2012," Mr. Ronnie Lobo, Vice President, Operations, South Asia, Carlson Rezidor, said.
The Group has also signed up to develop 49 properties in partnership with Bestech Group in India.
Announcing the launch of Radisson Blu Plaza Hotel here, Mr Lobo said Carlson India, part of the ninth largest hospitality chain with $7 billion in sales, accounts for about 3 per cent of the overall number of properties under management. It has a very healthy pipeline of properties.
The corporate strategy is to increase the overall number of properties by 50 per cent over next few years where India will play a very important role, he said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.